The stock market ended the week ending with losses, after four upward weeks, during which the main stock index registered a total gain of 4.63%.

The domestic market succumbed to international pressures, with international stock markets retreating as concerns about a possible recession in the US economy resurfaced.

However, the Athens Stock Exchange was in the top positions in the ranking of the global markets in July, as the domestic market managed to outperform and take significant resistance to the corrective movement of the international markets, in the second half of the month.

The General Index closed July with a gain of 5.26%, recording the third best performance among global indices.

It should be noted that the dividend cut, which is approaching €4 billion, the highest since 2008, has technically removed several points from the General Price Index.

At the same time the Dow Jones recorded a monthly increase of 3.84%, the British FTSE-100 increased by 3.04%, the German Dax-30 gained 1.90%, the S&P -500 increased by 0.24%, while the Nasdaq closed July with a drop of 2.38% and the French Cac-40 with a marginal drop of 0.09%.

At the level of the seven months January-July, the General Price Index recorded gains of 14.31% and was in 10th place in the ranking of global indices.

But the Greek market outperforms the big European markets. Germany’s DAX-30 rose 10.49%, Britain’s FTSE-100 rose 8.21%, while France’s Cac-40 fell 0.09%.

The General Price Index closed the week at 1,430.90 units, against 1,469.25 units the previous week, marking a weekly drop of 2.61%, while since the beginning of the year it has recorded gains of 10.65%.

The FTSE/ASE 25 large-cap index closed the week down 2.43% and since the beginning of 2024 is up 11.71%.

The FTSE MID mid-cap index closed down 3.15% for the week, with a slight year-to-date decline of 0.29%.

The banking index closed the week with losses of 3.02%, while since the beginning of 2024 it has recorded gains of 18.18%.

The total value of transactions in this week’s sessions was 524.553 million euros, while the average daily value of transactions was 104.911 million against 101.291 million euros.

The total market capitalization this week decreased by 2.096 billion euros and reached 99.335 billion euros, while since the beginning of the year it has increased by 12 billion euros.